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Benzinga
Benzinga
Business
Benzinga Senior Editor

Benzinga Bulls And Bears: CrowdStrike, MongoDB, SoFi — And Wall Street Surges On Rate Cut Hopes

Bulls and Bears 1

Benzinga examined the prospects for many investors' favorite stocks over the last week — here's a look at some of our top stories.

Wall Street surged this week as investor confidence in a December rate cut soared, with odds rising above 90% amid soft inflation data and dovish Fed commentary. Economic signals remained mixed — jobless claims dipped, but layoffs and private payroll cuts hinted at underlying labor market stress.

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